YEARLY HIGH
0.1190 BGN
YEARLY LOW
0.1034 BGN
YEARLY AVERAGE
0.1112 BGN

2020 MVR to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MVR to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 0.1190. Conversely, the yearly low was recorded on December 30, dropping to 0.1034.

This high-to-low spread represents a total annual volatility of 0.0156 BGN. From a start-to-finish perspective, comparing the January average rate of 0.1140 to the December average rate of 0.1043, the exchange rate registered a net change of -8.53% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.1190 was up 2.14% compared to the 2019 peak of 0.1165, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 MVR based on timing:

Yearly Peak High 595 BGN
2019 Average 566 BGN
Yearly Trough Low 517 BGN
Transaction Impact: A difference of 78.11 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.1180
0.1030
JanuMarcMayJulySeptNove

MVR to BGN Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.1149, compared to 0.1075 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0074 points.

H1 Avg (Jan–Jun) 0.1149
H2 Avg (Jul–Dec) 0.1075

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0083 BGN (High: 0.1190 / Low: 0.1107). On the other end, December was the most stable month, with a tight range of 0.0018 BGN (High: 0.1051 / Low: 0.1034).

March Spread (Volatile) ±0.0083
December Spread (Stable) ±0.0018

Growth Streaks & Declines

Trends

Between August and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0035 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0035

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.1146) against the same month in 2019 (average: 0.1120), the exchange rate shifted by +0.0026 (+2.31%).

2020 Avg (March) 0.1146
2019 Avg (March) 0.1120

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1150 0.1129 0.1140
February 0.1178 0.1141 0.1159
March 0.1190 0.1107 0.1146
April 0.1177 0.1156 0.1167
May 0.1172 0.1140 0.1159
June 0.1136 0.1109 0.1125
July 0.1130 0.1072 0.1108
August 0.1081 0.1062 0.1073
September 0.1092 0.1066 0.1078
October 0.1089 0.1070 0.1079
November 0.1092 0.1062 0.1072
December 0.1051 0.1034 0.1043